Tuesday, October 31, 2017

Rounded top or bottom

Rounded top or bottom


The indicator patterns №39 and №40 ( "rounds out the top of / bottom") of Thomas N. Bulkovsky book "The Complete Encyclopedia of price patterns."

Options:

  • Alerts - Enable alerts when a arrow 
  • Push - Push-sending notifications when the arrow (requires setting in the terminal)
  • PeriodBars - Indicator Period  
  • K - additional parameter affecting the recognition accuracy and the shape of the pattern. It varies from 0 to 1.
  • ArrowType - Icon: from 1 to 17
  • ArrowVShift - Shifting icons for points in the vertical  
  • ShowLevels - Show levels
  • ColUp - Color arrow up
  • SolDn - Color down arrow
  • Auto5Digits - Automatic multiplication ArrowVShift 10 when operating at 5 and 3 hznachnyh quotations.

Note. Arrows appear at the opening of a new bar on the analysis of the formed bars, after the appearance does not disappear.  

No warranty that the indicator recognizes the pattern exactly as implied author.

Parameters recommended to optimize: PeriodBars, K.


Rounded top or bottom

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